Savills makes executive appointment in Victoria

Savills Australia has appointed a new director to its business in Victoria as it seeks to increase its share of Melbourne’s industrial investment sector.

It has appointed Brad Esler as a new director to its Victoria industrial and business services business.

Mr Esler brings more than 11 years’ experience in real estate and joins Savills from JLL, where he started as a valuer in 2007.

National head of industrial and business services Michael Fenton said that Mr Esler will be an asset to the business.

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“Brad has extensive experience in the industrial capital markets sector and enjoys strong relationships with all investors in the Melbourne industrial market,” Mr Fenton said.

“He has worked on some major transactions in Melbourne, and his appointment will help to bolster our service offering in this important sector of the market.”

Mr Fenton said that Mr Esler has “extensive” academic qualifications, including a graduate diploma of applied finance, an undergraduate degree in applied science (property), and FINSIA and ASIC accreditations.

Mr Esler said that it was a great opportunity.

“I look forward to working closely with industrial operatives across Victoria to enhance the client-focused service Savills has established,” the new director said.

“The opportunity to be part of a growing industrial team nationally is immensely exciting.”

The move follows one earlier when Savills Australia appointed Ben Parkinson as its national head of retail investment.

Savills Australia & New Zealand CEO Paul Craig said at the time that Mr Parkinson’s appointment would give the company a competitive edge.

Mr Parkinson also joined the Australian board.

Mr Parkinson said at the time that he was very excited to help develop and grow Savills’ existing team.

“With more than 20 years’ experience in commercial property spanning retail, hotel, development and capital transactions, I feel that my extensive client-side knowledge will give the market a unique alternative to the current retail agency models on offer,” Mr Parkinson said.

Mr Parkinson added that it was a very exciting time for the company and the new structure would help them flourish.